AnnouncedModon Company For Real Estate Development

District 53

Madinat Al Mataar

District 53 is a DLD-registered development by Modon Company For Real Estate Development in Madinat Al Mataar, Dubai, with 44 registered units and scheduled completion in Q2 2028.

Starting price
On request
Handover
Q2 2028
Configurations
1 types
Community
Madinat Al Mataar

Official imagery, floor plans and the full brochure for District 53 are available on request. We publish only developer-supplied media we are licensed to use.

Request the brochure and floor plans

The project

About District 53

District 53 is a residential development by Modon Company For Real Estate Development, located in Madinat Al Mataar, Dubai. It is officially registered with the Dubai Land Department (DLD) project register and comprises 44 registered units.

The project is registered with the Dubai Land Department and is awaiting the start of construction. Works are scheduled from Q4 2026 with completion planned for Q2 2028.

Because the project is DLD-registered, off-plan payments are held in a regulated escrow account and the sale is recorded on the Oqood register. MRK Real Estate can share current availability, floor plans and pricing for District 53 on request.

At a glance

District 53 key facts

Developer
Modon Company For Real Estate Development
Community
Madinat Al Mataar
Status
Announced
Handover
Q2 2028
Starting price
On request
Total units
44
Unit types
Apartments
Ownership
Freehold — open to all nationalities

Process

How to buy at District 53

  1. 01

    Shortlist and reserve

    Choose a unit type and view at District 53 and secure it with the booking deposit.

  2. 02

    Sign the SPA

    Modon Company For Real Estate Development issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.

  3. 03

    Oqood registration

    The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.

  4. 04

    Construction instalments

    Instalments are paid into the project escrow account as construction milestones are reached.

  5. 05

    Handover and title deed

    On completion (scheduled Q2 2028), the final payment is made, a snagging inspection takes place and the title deed is issued.

Our read

The honest view

Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.

What stands out

  • DLD-registered project by Modon Company For Real Estate Development
  • Located in Madinat Al Mataar, Dubai
  • 44 registered units

What to weigh

  • Pricing and payment plan are not part of the DLD register — confirm the current price list with MRK Real Estate.
  • Completion dates registered with DLD can be revised by the developer; confirm the latest schedule before committing.

FAQ

District 53 — frequently asked questions

What is the starting price of District 53?

Pricing for District 53 has not been publicly published. Contact MRK Real Estate for the current price list.

When is the handover of District 53?

District 53 is scheduled for handover in Q2 2028. Off-plan timelines can move, so confirm the current schedule before committing.

Who is the developer of District 53?

District 53 is developed by Modon Company For Real Estate Development in Madinat Al Mataar, Dubai.

What unit types are available at District 53?

District 53 offers Apartments across 44 units.

Where is District 53 located?

District 53 is in Madinat Al Mataar, Dubai.

Can foreigners buy at District 53?

Yes. Madinat Al Mataar is a freehold area, so buyers of any nationality can own property at District 53 outright.

How do I buy or sell at District 53?

MRK Real Estate advises on primary purchases and resales at District 53. Message us on WhatsApp for availability, floor plans and a valuation.

Figures shown are as published by the developer and were last checked on 2026-11-01. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Modon Company For Real Estate Development before any transaction.

Next step

Interested in District 53?

We’ll confirm live availability, current pricing and the full payment schedule directly with Modon Company For Real Estate Development— and tell you honestly whether it fits what you’re after.

Scan to WhatsApp MRK Real Estate about District 53

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